Lodgements is a deposit made into a bank account, typically in the form of cash, checks, or electronic transfers. In bookkeeping, lodgements are recorded as increases in bank or cash account balances. They’re important for reconciling bank statements and maintaining accurate cash flow records.
A liquidity ratio evaluates a company’s ability to meet short-term obligations using its current assets. Common examples include the current…
A letter of engagement outlines the scope, terms, and responsibilities of an accounting or auditing engagement between a firm and…
Lease accounting records the financial impact of lease agreements. Under modern standards (like IFRS 16), lessees must recognise leased assets…
This website uses cookies to improve your experience. You can accept all or reject non-essential cookies.